San Francisco celebrates blockchain week, an event dedicated to crypto technology
San Francisco turned itself into a Silicon Valley of sorts as crypto enthusiasts filled up hotels, attended crypto seminars, crypto conferences and even crypto workshops focused on blockchain and the many applications one can utilize within it during “Blockchain week.”
Held from Oct. 5 to 12, the San Francisco Blockchain week has three main events: ETH San Francisco, SF Blockchain Week Epicenter, and Crypto Economics Security Conference. And as the week slowly steadied itself, one can just easily observe how much both the cryptocurrency and blockchain space has matured.
Exploring its full potential
Of course, this still means that developers still have a lot of work to do. Bitcoin, the world’s biggest cryptocurrency, soared high last year before gradually going down, pushing its entire community to scramble. Nevertheless, people saw the potential of blockchain technology, which was originally created for Bitcoin, and this year saw an influx of companies developing their own programs based on the technology.
Take, for example, Ripple. A San Francisco-based tech firm that uses XRP, the company hosted a conference that week that drew not just hundreds of people, but also former U.S. President Bill Clinton. Through the conference, Ripple introduced XRapid Technology, which is a mechanism for fast cross-border payments that the company developed.
As a testament to this maturity, the blockchain week didn’t just bring out crypto enthusiasts, but also high-net-worth bankers and individuals clad in expensive clothing and driving the latest Ferraris and Lamborghinis. It might seem a bit too much at first, but well-off individuals sharing the same interest as your average Bitcoin enthusiast is a definite sign of the times. A sign that, in every sense of the word, means that the industry has grown way beyond its underground roots, and is poised to take it to the next level.
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Note: This document with all the information in it is shared here to boost our knowledge of cryptocurrency , the original document can be found in Document Source
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